Ticker >

Steel Exchange India share price

Steel Exchange India Ltd.

NSE: STEELXIND BSE: 534748 SECTOR: Steel/Sponge Iron/Pig Iron  60k   130   9

13.79
-0.16 (-1.15%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 13.91

Today's Low

₹ 13.64

52 Week High

₹ 18.42

52 Week Low

₹ 7.85

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

1651.54 Cr.

Enterprise Value

1972.55 Cr.

No. of Shares

119.76 Cr.

P/E

0

P/B

4.14

Face Value

₹ 1

Div. Yield

0 %

Book Value (TTM)

₹  3.33

CASH

19.39 Cr.

DEBT

340.4 Cr.

Promoter Holding

55.92 %

EPS (TTM)

₹  -0.43

Sales Growth

25.1%

ROE

-21.62 %

ROCE

11.49%

Profit Growth

-150.52 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

Please login to Add & View your own added ratios.

Login

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year25.1%
3 Year20.77%
5 Year8.33%

Profit Growth

1 Year-150.52%
3 Year-197.09%
5 Year10.59%

ROE%

1 Year-21.62%
3 Year17%
5 Year10.2%

ROCE %

1 Year11.49%
3 Year17.31%
5 Year11.17%

Debt/Equity

1.1874

Price to Cash Flow

12

Interest Cover Ratio

0.731878474168093

CFO/PAT (5 Yr. Avg.)

1.41531997194481

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 55.92 65.37
Sep 2023 55.92 63.68
Jun 2023 55.92 63.68
Mar 2023 50.94 76.02
Dec 2022 49.78 91.81
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 20.7693887143487% for the Past 3 years.
  • The company has an efficient Cash Conversion Cycle of 60.0965075421544 days.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 5.64038922669858.

 Limitations

  • The company has shown a poor profit growth of -197.094023502365% for the Past 3 years.
  • Company has low Interest coverage ratio of 0.731878474168093.
  • Promoter pledging is high as 65.37%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 304.13 398.22 251.25 269.45 256.32
Total Expenditure 303.59 363.1 230.91 250.41 232.95
Operating Profit 0.53 35.12 20.34 19.04 23.36
Other Income 3.11 0.85 0.91 0.8 1.29
Interest 23.27 41.97 20.79 18.35 19.27
Depreciation 5.8 6.08 5.89 5.13 5.18
Exceptional Items 0 0 0 0 0
Profit Before Tax -25.42 -12.08 -5.43 -3.65 0.21
Tax 0 30.53 0 0 0
Profit After Tax -25.42 -42.61 -5.43 -3.65 0.21
Adjusted EPS (Rs) -0.29 -0.41 -0.05 -0.03 0

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 1023.94 780.82 898.41 1099.45 1375.38
Total Expenditure 1009.15 714.61 794.65 995.32 1280.92
Operating Profit 14.79 66.21 103.76 104.13 94.46
Other Income 14.32 15.15 35.95 22.22 7.22
Interest 9.97 3.47 26.24 88.12 105.64
Depreciation 29.62 27.24 24.7 23.75 24.37
Exceptional Items -6.69 -11.49 53.86 0 0
Profit Before Tax -17.17 39.17 142.63 14.48 -28.32
Tax 19.51 -25.13 2.66 -102 30.53
Net Profit -36.68 64.29 139.97 116.48 -58.85
Adjusted EPS (Rs.) -0.48 0.85 1.74 1.32 -0.57

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 75.98 75.98 80.39 88.08 103.96
Total Reserves 15.35 79.52 222.04 402.99 413.2
Borrowings 122.81 103.23 412.99 343.7 228.75
Other N/C liabilities 73.73 49.13 51.56 -68.6 -37.65
Current liabilities 1139.64 1079.3 222.13 280.5 383.67
Total Liabilities 1427.51 1387.15 989.11 1046.67 1091.94
Assets
Net Block 690.71 665.63 611.83 596.02 579.17
Capital WIP 4.5 4.45 6.48 6.79 12.99
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 30.97 18.69 20.84 24.05 24.19
Other N/C Assets 2.25 0.63 25.83 19.15 16.5
Current Assets 699.08 697.75 324.14 400.67 459.08
Total Assets 1427.51 1387.15 989.11 1046.67 1091.94
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations -17.17 39.17 142.63 14.48 -28.32
Adjustment 96.12 49.4 -15.27 97.66 129.93
Changes in Assets & Liabilities -19.08 -51.92 -48.05 -106.89 36.08
Tax Paid 0 0 -0.01 0 0
Operating Cash Flow 59.86 36.66 79.3 5.25 137.68
Investing Cash Flow -2.74 -1.9 12.87 9.28 -13.65
Financing Cash Flow -57.68 -10.1 -115.66 -1.26 -119.99
Net Cash Flow -0.56 24.66 -23.49 13.27 4.04

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 49.78 50.94 55.92 55.92 55.92
bandi arunakanthi 0.25 0.21 0.18 0.18 0.18
bandi jaya padmavathi 1.51 1.28 1.12 1.12 1.12
bandi ramesh kumar 1.82 1.54 1.35 1.35 1.35
bandi suguna 0.49 0.42 0.37 0.37 0.37
bavineni jyothi kiran 1.28 1.08 0.95 0.95 0.95
bavineni lavanya 0.56 0.47 0.41 0.41 0.41
bavineni suresh 2.75 2.33 2.04 2.04 2.04
rajesh bavineni 0.88 0.75 0.65 0.65 0.65
satish kumar bandi 0.73 0.62 0.54 0.54 0.54
sudha b 0.01 0.01 0.01 0.01 0.01
suresh kumar bandi 4.67 3.96 3.47 3.47 3.47
umashiv garments private ... 23.60 20.00 22.43 22.43 22.43
v rajya lakshmi 0.39 0.33 0.29 0.29 0.29
veeramachaneni srijan bab... 0.13 0.11 0.10 0.10 0.10
veeramachaneni venkata kr... 0.73 0.62 0.54 0.54 0.54
vizag profiles private li... 9.45 17.23 21.48 21.48 21.48
k jelusia 0.13 - - - -
k v bhaskar 0.17 - - - -
ravi c narayanan 0.24 - - - -
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 50.22 49.06 44.08 44.08 44.08
dhatre udyog limited (fo... - - 1.10 1.10 1.10
ew india special assets f... 2.48 2.10 1.84 1.84 1.84
magnumtuff india private ... 1.37 1.16 1.02 1.02 1.02
quality steel shoppe 1.69 1.43 1.25 1.25 1.25
rose city holdings limite... 3.46 2.93 2.57 2.57 2.56
vishwa samudra holdings p... - 5.82 5.10 5.10 5.10
iegfl - multi opportunity... 1.22 1.03 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

  • PresentationQ4FY21 29 May 2021
  • PresentationQ3FY21 11 Feb 2021

Company News

Steel Exchange India informs about disclosure 7 Mar 2024, 5:08PM Steel Exchange India informs about updates7 Mar 2024, 4:02PM Steel Exchange India - Quaterly Results14 Feb 2024, 6:05PM Steel Exchange India - Quaterly Results14 Feb 2024, 6:05PM Steel Exchange India informs about allotment31 Jan 2024, 5:08PM Steel Exchange India - Quaterly Results14 Nov 2023, 5:36PM Steel Exchange India - Quaterly Results14 Nov 2023, 5:36PM Steel Exchange India informs about AGM7 Sep 2023, 5:15PM Steel Exchange India - Quaterly Results14 Aug 2023, 6:31PM Steel Exchange India - Quaterly Results14 Aug 2023, 6:31PM Steel Exchange India informs about disclosure 4 Jul 2023, 12:42PM Steel Exchange India informs about details of NCDs24 Jun 2023, 1:17PM Steel Exchange India - Quaterly Results29 May 2023, 8:21PM Steel Exchange India - Quaterly Results29 May 2023, 8:21PM Steel Exchange India informs about disclosure18 May 2023, 4:04PM Steel Exchange India informs about disclosure 4 Apr 2023, 9:57AM Steel Exchange India - Quaterly Results14 Feb 2023, 4:43PM Steel Exchange India - Quaterly Results14 Feb 2023, 4:43PM Steel Exchange India informs about disclosure 28 Nov 2022, 1:06PM Steel Exchange India informs about disclosure21 Nov 2022, 2:24PM Steel Exchange India - Quaterly Results21 Oct 2022, 1:44PM Steel Exchange India - Quaterly Results21 Oct 2022, 1:44PM Steel Exchange India - Quaterly Results21 Oct 2022, 1:44PM Steel Exchange India informs about details of debt securities 11 Oct 2022, 4:34PM Steel Exchange India - Quaterly Results23 Jul 2022, 5:32PM Steel Exchange India - Quaterly Results23 Jul 2022, 5:32PM Steel Exchange India - Quaterly Results23 Jul 2022, 5:32PM Steel Exchange India informs about record date for sub-division/ split of equity shares25 Jun 2022, 2:23PM Steel Exchange India informs about newspaper publication 3 Jun 2022, 2:38PM Steel Exchange India gets nod for fund raising of up to Rs 600 crore17 May 2022, 2:30PM Steel Exchange India informs about compliances certificate 28 Apr 2022, 5:10PM Steel Exchange India reports around 4-fold jump in Q4 net profit26 Apr 2022, 11:12AM Steel Exchange India - Quaterly Results25 Apr 2022, 6:53PM Steel Exchange India - Quaterly Results25 Apr 2022, 6:53PM Steel Exchange India - Quaterly Results25 Apr 2022, 6:53PM Steel Exchange India - Quaterly Results12 Feb 2022, 1:47PM Steel Exchange India - Quaterly Results12 Feb 2022, 1:47PM Steel Exchange India - Quaterly Results12 Feb 2022, 1:47PM Steel Exchange India informs about compliance certificate28 Jan 2022, 3:39PM Steel Exchange India informs about allotment of debentures25 Nov 2021, 12:55PM Steel Exchange India - Quaterly Results14 Nov 2021, 5:18PM Steel Exchange India - Quaterly Results14 Nov 2021, 5:18PM Steel Exchange India informs about certificate10 Aug 2021, 11:53AM Steel Exchange India informs about analyst meet10 Aug 2021, 10:02AM Steel Exchange India informs about annual secretarial compliance report30 Jun 2021, 4:08PM Steel Exchange India informs about interest payment of secured NCDs1 Jun 2021, 11:32AM Steel Exchange India informs about board meeting21 May 2021, 12:07PM Steel Exchange India informs about demise of non-executive independent director7 May 2021, 4:05PM Steel Exchange India informs about disclosure26 Apr 2021, 10:23AM Steel Exchange India informs about certificate24 Apr 2021, 3:05PM

Steel Exchange India Stock Price Analysis and Quick Research Report. Is Steel Exchange India an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Steel Exchange India has a PE ratio of -32.1079571893904 which is low and comparatively undervalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Steel Exchange India has ROA of -5.50369435007471 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Steel Exchange India has a Current ratio of 1.19655525717892 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Steel Exchange India has a ROE of -21.6201114342536 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Steel Exchange India has a D/E ratio of 1.1874 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Steel Exchange India has an Inventory turnover ratio of 5.34802524226068 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Steel Exchange India has reported revenue growth of 25.0969549695453 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Steel Exchange India for the current financial year is 6.86815913326257 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Steel Exchange India is Rs 0 and the yield is 0 %.

Last Updated on:
Brief about Steel Exchange India
X